5455 Parkview Dr, La Jolla, California 92037, La Jolla, 92037 - 4 bed, 3 bath

5455 Parkview Dr, La Jolla, California 92037 home-pic-0
ACTIVE$2,800,000$1,945/sqft
Est. Value: $2,628,207
-6%
AboveEstimate
5455 Parkview Dr, La Jolla, California 92037
4Beds
3Baths
1,945Sqft
10,000Lot

Price Vs. Estimate

The estimated value ($2,628,206.645) is $171,793.355 (6%) lower than the list price ($2,800,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10000, living area = 1945.
Top Cons:
Age and Potential for Dated Systems/Finishes: Built in 1960 and maintained by a long-term owner, the property likely retains original or dated major systems (e.g., HVAC, electrical, plumbing) and interior finishes that may require significant modernization.

Compared to the nearby listings

Price:$2.80M vs avg $3.63M ($-835,000)29%
Size:1,945 sqft vs avg 2,711 sqft18%
Price/sqft:$1.4K vs avg $1.4K60%

More Insights

Built in 1960 (66 years old).
Condition: Built in 1960 and maintained by the same owner for 50 years, this property exhibits significant signs of age and requires substantial rehabilitation. The kitchen features very dated white cabinets, laminate countertops, older appliances (except possibly the refrigerator), and linoleum flooring, necessitating a complete overhaul. All bathrooms are similarly outdated with original-style vanities, fixtures, and lighting. While structurally sound and 'lovingly maintained,' the interior finishes, flooring (worn carpet, dated linoleum/tile), and systems appear to be from 30-50+ years ago, requiring extensive modernization to meet current standards. The property's 'enormous potential' and high price point imply a buyer will need to invest significantly in updates.
Year Built
1960
Close
-
List price
$2.8M
Original List price
$2.8M
Price/Sqft
$1,440
HOA
-
Days on market
-
Sold On
-
MLS number
NDP2600458
Home ConditionPoor
Features
Excellent View: Bay, City Lights, Courtyard, Ocean
Deck
Patio
ViewBay,City Lights,Courtyard,Ocean

About this home

Lovingly and meticulously maintained by the owner 0f 50 years, this property has enormous potential . Fully fenced, with lush foliage and plants offers generous spaces to grow or to expand ,ideal for ADUs ,pool ,or sports court ,the home has mid century modern features . Easy access to Pacific Beach shops and close to the shore too. The primary bedroom has an on suite bath ,while the hall bath is available for the other bedrooms and there is a powder room as well .Both the living room, with its soaring ceiling, and the dining area have fireplaces .There is an enclosed porch off the kitchen area ,ideal for entertaining, a laundry room and large double garage is fully out fitted out and used as an office , This home welcomes and inspires !

A
Arlene Sacks
Listing Agent

Nearby schools

9/10
Sessions Elementary School
Public,K-50.8mi
9/10
La Jolla Elementary School
Public,K-52.3mi
6/10
Pacific Beach Middle School
Public,6-81.1mi
8/10
Muirlands Middle School
Public,6-82.0mi
6/10
Mission Bay High School
Public,9-121.5mi
8/10
La Jolla High School
Public,9-122.1mi
Condition Rating
Poor

Built in 1960 and maintained by the same owner for 50 years, this property exhibits significant signs of age and requires substantial rehabilitation. The kitchen features very dated white cabinets, laminate countertops, older appliances (except possibly the refrigerator), and linoleum flooring, necessitating a complete overhaul. All bathrooms are similarly outdated with original-style vanities, fixtures, and lighting. While structurally sound and 'lovingly maintained,' the interior finishes, flooring (worn carpet, dated linoleum/tile), and systems appear to be from 30-50+ years ago, requiring extensive modernization to meet current standards. The property's 'enormous potential' and high price point imply a buyer will need to invest significantly in updates.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10000, living area = 1945.
Great Schools: Elementary School: La Jolla Elementary School (9/10).
Prime La Jolla Location & Views: Situated in highly desirable La Jolla, the property offers excellent access to Pacific Beach shops and the shore, complemented by desirable views of the Bay, City Lights, and Ocean.
Significant Expansion Potential: The generous 10,000 sqft lot provides ample space for future expansion, making it ideal for adding ADUs, a pool, or a sports court, enhancing long-term value.
Mid-Century Modern Charm: The home retains its authentic mid-century modern features, including a soaring ceiling in the living room, appealing to buyers who appreciate classic architectural style and character.
Well-Maintained by Long-Term Owner: Lovingly and meticulously maintained by the same owner for 50 years, indicating a history of consistent care and attention to the property's upkeep.
Versatile Living Spaces: Features include an enclosed porch off the kitchen, perfect for entertaining, and a large double garage currently outfitted as an office, offering flexible and functional areas.

Cons

Age and Potential for Dated Systems/Finishes: Built in 1960 and maintained by a long-term owner, the property likely retains original or dated major systems (e.g., HVAC, electrical, plumbing) and interior finishes that may require significant modernization.
High Price Point for Required Updates: With a list price of $2.8 million, the 'enormous potential' suggests that substantial additional investment will be needed to bring the home to contemporary luxury standards, which may deter some buyers.
Limited Modern Amenities Mentioned: The description does not highlight modern amenities such as central air conditioning, updated kitchen appliances, or smart home technology, which are often expected in properties at this price point and location.
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